Topics and Proposals

Large Project Storage

Concern over the loss of large project storage was bought up by Terry W. at the previous meeting. I expect it to be discussed again, specifically because Terry has a proposal that he also previously presented.

Talked to all Wardens along East Wall and John Sugg (Vaccuuform) by email.

Proposal is for Large Project Area to be an area from the West edge of the Welding, Plasma, Kiln, Forklift, and Injection zones to a line 18' from the East Wall. We have marked the 18' line for inspection at the meeting.

The effected wardens would require only Projects be in that area (not furniture or other Group materiel), and Projects be able to be moved (either by having wheels or being on a pallet) so that zone access is not permanently blocked.

In addition, the East Wall Wardens will be making a proposal to the Board separately to shuffle the plasma cutter into the CNC Zone and slide all zones down.

Furniture (big white wall, bBQ, trash cans, etc. Will need to be relocated into the commons area or disposed. Reorganization of the common furniture is not within the scope of this proposal

All of the accounting is now caught up from the transition, including dues logged in the CRM. We will be current from this point onward.

We have successfully absorbed all the big purchases from the last 12 months. We are now back to more money in the bank than when we started. Although this report is for the fiscal year through Feb 28, I have stated the bank balances as of 3/8 because we had a lot of Jan and Feb dues that were just deposited on 3/5 as part of catching up.

I recommend that the Board drop the austerity restrictions at the Board meeting and go back to normal budget spending.

Bank Balance 7/31/13 3/8/14

Emergency Fund $ 5,009 $ 5,010

General Fund $10,441 $16,781

For the Month of February, 2014***

Revenue Feb $ 0

Exp. & Eq Feb -$ 3,542

Net Feb -$ 3,542

Note this doesn't have deposits of over $12,000 made in early March.

For the Fiscal Year (Starts 8/1/13)***

Planned Dip into General Fund -$8,932

Actual Dip into General Fund -$8,880

Expenses and Equipment are running 93% of budget predictions.

Laser Fund 1483.75
Vinyl Fund 200

Financial Fitness Grade : A-

The only reason I don't give an A is that I want to see dues averages for March and April. Our budget has them at $4900 each month and we are probably right at that number, plus or minus a couple of hundred and I would like to see exactly where we are averaging over a longer period.